Vaughan Associates foresaw a trend towards specialisation in investment consulting towards the end of the 1990’s. With the mature superannuation fund industry, and many very experienced trustee boards in larger funds, consulting to superannuation funds requires a strong research basis and a capability to add value.

With many existing investment consulting firms moving to implemented consulting as a source of revenue, and large funds establishing internal professional investment teams, Vaughan Associates positioned itself with a focused offering built around specialist asset classes, investment structuring and partnering with its associates as advisers.